Latest Report Update: Apr 11, 2019

Philippines - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Philippines: Asparagus Market Overview 2019

Asparagus Market Size in the Philippines

The revenue of the asparagus market in the Philippines amounted to $X in 2017, coming down by -X% against the previous year. Overall, asparagus consumption continues to indicate a sharp reduction. The growth pace was the most rapid in 2012, when market value increased by X% y-o-y. The asparagus consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Asparagus Production in the Philippines

In 2017, the amount of asparagus produced in the Philippines stood at X tonnes, going down by -X% against the previous year. In general, asparagus production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the asparagus production reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum. Asparagus output in the Philippines indicated a deep slump, which was largely conditioned by an abrupt contraction of the harvested area and a drastic reduction in yield figures.

Average yield of asparagus in the Philippines amounted to X tonne per ha in 2017, reducing by -X% against the previous year. Overall, asparagus yield continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the average asparagus yield reached its maximum level of X tonne per ha in 2008; however, from 2009 to 2017, it failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, harvested area of asparagus in the Philippines amounted to X ha, declining by -X% against the previous year. In general, asparagus harvested area continues to indicate a deep decrease. The pace of growth was the most pronounced in 2012, when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production reached its peak figure of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Asparagus Exports

Exports from the Philippines

In 2017, the amount of asparagus exported from the Philippines totaled X tonnes, going down by -X% against the previous year. Overall, asparagus exports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the asparagus exports attained its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, asparagus exports totaled $X in 2017. Overall, asparagus exports continue to indicate a deep slump. Over the period under review, the asparagus exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Exports by Country

Japan (X tonnes) was the main destination of asparagus exports from the Philippines, with a X% share of total exports. Moreover, asparagus exports to Japan exceeded the volume sent to the second major destination, South Korea (X tonnes), more than tenfold.

From 2007 to 2017, the average annual growth rate of volume to Japan amounted to -X%.

In value terms, Japan ($X) remains the key foreign market for asparagus exports from the Philippines, making up X% of total asparagus exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

From 2007 to 2017, the average annual growth rate of value to Japan stood at -X%.

Export Prices by Country

In 2017, the average asparagus export price amounted to $X per tonne, lowering by -X% against the previous year. Overall, asparagus export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. The export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of origin; the country with the highest export price was South Korea ($X per tonne), while average price for exports to Japan amounted to $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to South Korea (+X% per year).

Asparagus Imports

Imports into the Philippines

Asparagus imports into the Philippines amounted to X kg in 2017, declining by -X% against the previous year. In general, asparagus imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the asparagus imports reached its peak figure volume of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, asparagus imports stood at $X in 2017. Overall, asparagus imports continue to indicate a drastic downturn. Over the period under review, the asparagus imports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Imports by Country

China (X kg), the U.S. (X kg) and Germany (X kg) were the main suppliers of asparagus imports to the Philippines, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S. (+X% per year), while the other leaders experienced a decline.

In value terms, largest asparagus suppliers to the Philippines were the U.S. ($X), Germany ($X) and Australia ($X), together comprising X% of total imports.

Among the main suppliers, the U.S. (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2017, coming up by X% against the previous year. Overall, the import price indicated a perceptible growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the asparagus import price increased by +X% against 2010 indices. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the average import prices for asparagus reached their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of origin; the country with the highest import price was the U.S. ($X per tonne), while price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 367 - Asparagus

This report provides an in-depth analysis of the asparagus market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data